GLP-1s like Ozempic and Wegovy are no longer in short supply, yet they still can cost more than $1,000 a month out of pocket. Wall Street Journal contributor Cheryl Winokur Munk joins host Callum Borchers to dig into why some people pay much more for weight-loss drugs than others.
Nasdaq turns positive for the year for the first time since February. Plus: Nvidia overtakes Microsoft to become the largest U.S.company by market cap. And shares of Dollar General surge after the discount retailer raises its outlook. Danny Lewis hosts.
P.M. Edition for June 3. As the U.S. debt grows—and with the “big, beautiful” spending bill set to push it even higher—some on Wall Street are warning that the debt level might soon be unsustainable. And, though it’s not the first time we’ve heard such warnings, WSJ investing columnist Spencer Jakab joins to discuss why this time they’re worth listening to. Plus, Elon Musk criticizes President Trump’s tax-and-spending bill, calling it a “disgusting abomination.” And the White House sends a $9.4 billion rescissions package to Congress codifying cuts identified by Musk’s Department of Government Efficiency. WSJ reporter Jasmine Li talks about what the package includes, and the president’s broader goal behind it. Alex Ossola hosts.
Plus: Dollar General raised its full year sales outlook. And Israeli troops shot at Palestinians in southern Gaza on their way to an aid distribution site. Anthony Bansie hosts.
Plus: Lawyers from Meta challenge the European Commission’s crackdown on the company’s social-networking business. And chip giant TSMC forecasts limited impact from tariffs, remaining on track for record earnings. Kate Bullivant hosts.
The market is rebounding, and it is tempting to go all in on a hot company. Wall Street Journal Intelligent Investor columnist Jason Zweig joins host Callum Borchers with a word of caution about big bets.
P.M. Edition for June 2. Taser’s boss topped the highest-paid CEOs list this year, while Elon Musk came in last at $0. But as Musk rejoins the business world after his stint in Washington, WSJ’s Theo Francis discusses how Tesla’s board could figure out how much to pay the world's richest man. Plus, the suspect in the Colorado flamethrower attack has been charged with a federal hate crime. And the Trump Organization, the family’s flagship real-estate firm, has expanded globally since the 2024 election. WSJ reporter Brenna Smith describes those projects and what they involve. Alex Ossola hosts.
Beijing denied President Trump’s accusations that it broke last month’s trade truce. Plus: Trump’s move to double steel and aluminum tariffs boosted stocks in those industries, but hit automakers. And Meta Platforms shares rose after WSJ exclusively reported it plans to fully automate advertising creation with artificial intelligence. Danny Lewis hosts.
Plus: U.S. factory activity hits lowest level since November. Campbell’s snack business is struggling, as consumers get pickier about food spending. Ariana Aspuru hosts.